SalimFX20

GBPJPY Technical Analysis 24.07.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Weekly candle closed Bullish at 182.210 forming Weekly Support at 181.670, Friday Daily candle closed strong Bullish forming new Daily Support around 180.150.
– Buys on close above 182.550 targeting Weekly Resistance formed at 183.150, Leaving Runners to the 1h Resistance formed at 183.550.
– Sells on close below 181.800 targeting 4h Support formed at 181.370, Leaving Runners to the 1h previous Resistance formed on 19th July 2023 at 181.030.
– High Impact News ahead for the Pound Sterling during the London session for Flash Manufacturing PMI and Flash Services PMI.

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